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This Hotel, Restaurant & Coffee-shop has been operating since 1998 and was renovated last summer (2017). Located right on the main hotels road and one block from the beach, this building is a large three-units shop house. Overlooking the 5-star hotel parks (Imperial & Hard Rock Hotels) the hotel has 14 large rooms set with 1 king-size bed and space for optional children beds. The restaurant has a shaded terrace and an indoor air-conditioned dining-space seating 50 people. A private parking can also take 20 cars up.
With excellent online comments, the occupancy rate has reached 95% during peak season since the renovations. The business has still massive potential to become (for instance) a trendy boutique hotel strategically located between Central Festival and Terminal 21, a fashionable coffee shop with its large open terrace, and a pleasant Mediterranean style restaurant, all at the doorstep of the busy international area. The owner is too busy with other activities in Bangkok and must sell this one-off opportunity to another spirited investor. It is very much a risk-less investment hence the seller is willing to provide some finance facility (partial financing) along an eventual ramp-up training. The total building rent is only 100,000 baht per month. The lease is already set for 3+3 years. There are 6 trained staffs for a monthly payroll of 70,000 baht.
The sale includes the new hotel website and domain, the online booking tools with excellent customers ratings (along Google business, Facebook, TripAdvisor, etc.), the renovated restaurant and bar, the new hardware equipment and the stock, the trained staff and a training for the new owner, some finance, a good lease, and the Thai Company with a work permit... This is a turn-key business deal.
lease terms will be detailed to interested buyer
international hotels street, right in between Central Festival and Terminal 21. close to Central Pattaya Road.
3 units town-house
8:00 to 23:00
few weeks training, and advising after that if needed
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